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FINANCIAL NEWS
UAE economy registers USD400.55b nominal GDP in 2014
21 Jun 2015
(MENAFN) The United Arab Emirates posted a nominal Gross Domestic Product (GDP) of about USD400.55 billion last year, marking an unprecedented achievement in the country’s history, Emirates News Agency reported.
With a growth in Real Gross Domestic Product of 4.6 percent, the UAE achieved its most prolific economic results last year, according to the country’s Vice President and Prime Minister, who highly acclaimed the sturdy foundation upon which his entire economy rests.
“Today UAE has a robust and diversified economic base and great optimism about the future and the projects we have launched. 2014 was the strongest year economically for the UAE,” the Prime Minister stated.
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